dowdall

dowdall

The prediction that I made on July 17th of $BTC going to $8,500 (CHECK RELATED IDEAS) was fairly accurate with an exception for the count of wave 4. With wave 4 I expected it to retrace to near the neckline of the Head and Shoulder formation or 0.5 on the fibonacci retracement of wave 3, instead it came down to the resistance labelled as 1st resistance (CHECK...

dowdall

With Inverted head (H) and shoulders (S) we take the length between the bottom of the H all the way up to the neck line to give us a rough estimate on where the price is heading if/when the inverted H&S is complete. Take this length and place it where it spikes up from the right shoulder and where this length stops off is where this next rise should stop, in or...

dowdall

$XRP looks like it's about to make a move and at the moment that move looks bullish. Hidden divergences (CHECK RELATED IDEAS) and a falling wedge that looks like it has completed it's count and is knocking on the resistance of 8000 satoshis. If it breaks through this resistance it should knock on 8200 resistance soon after. This is not trading advice. I use these...

dowdall

Same play as found in $TRX (CHECK RELATED IDEAS) Only differences is $TRX is a 1D chart and $XRP is 4H. Still you can get they same concept. The start of a climb up as it starts to create a bullish divergence. Just keep in mind what ever plays out next be a bit more bullish. This is not trading advice. I use these charts for education purpose and for fun....

dowdall

There is a possible move about to happen with $BTC soon and it could be a move we are all well too familiar with these days. Like previous rising wedge that brought us down to where we are at now, it was formed on a downard trend. Upward wedge's are not good usually good news as they are seen as bearish. For this to be denied we need to see bitcoin rally up to...

dowdall

Tron daily is setting up very nicely with the completion of the corrective C wave which has also brought the RSI down to a lower lower and the price to a higher low along the same time frame on the 1d Chart. When this pattern forms it is called a hidden divergence and in this case bullish. This will help $TRX on it's climb to it's ATH and could set a new upward...

dowdall

XRP failed to hold previous supports (CHECK RELATED IDEAS), which has resulted in a lot of red candles. It is still in a correction phase, but for how longer? Dipped into oversold on the RSI is a good indicator that an upwards move is about to happen and a bull flag coming to the end of it's stop about to make a move up (possible targets of 0.0000960 - 1000),...

dowdall

If you look back through the $XRP 4H chart you will see that previous resistances have become support. There was a drop to 0.0000825 (possibly a bull trap), but because of how quick it happened and shot back up to 0.0000843 it could possibly fall back to this area to complete the C wave correction. RSI uptrend is still in play, previous supports at 16.5 and 29.9...

dowdall

$TRX targets hit from which I called a while back (CHECK RELATED IDEAS). - Failed to break through strong resistance line/zone on RSI - Failed to hold support at 0.00000750 How far do we drop? I'm guessing we drop below 0.00000700 but only for a short period This is not trading advice this is something I use as an education purpose and for fun. Constructive...

dowdall

With the use of Elliott Wave count we get to see a possible pattern or direction in which $XRP is heading, a possible read on what's in store up ahead. With the help of fibonacci I see this being the possible stop off of a C wave correction. On a bigger scale this is not necessarily a bad thing this is a solid good correction and on a bigger scale we are still on...

dowdall

As we can see labelled on the chart there is 2 Pennants but are they both bullish? When you take the length of the pennants flag pole and place it to potential break out area it is to give you a rough estimate to where it stops off to correct. But in this case pennant A's break out exceeds it's flag pole in length (up to 0.000087) and climbs up to reach 1.618 of...

dowdall

$TRX currently finding strong support at 0.00000750 area. RSI resistance zone/lines being tested, possibly done with it's correction or just maybe that one last drop will come soon. I'm going to let it play out a day or 2 just to get more of an understanding

dowdall

That dreaded or... For me this looks like a bull trap . If you look to the RSI, it tested the resistance and spiked up (from 20.0) to over bought zone (75.0). For me this is not a convincing climb to start an uptrend or breakout out to start a new wave up. This is not trading advice. This is something I use for education purpose and for fun. Constructive...

dowdall

CHECK RELATED IDEAS - As you can see, over the past 13hrs, $ICX came down to support and bounced right up to resistance zone. Looks like it's a bout to test it soon with a possibility of piercing through (candle wick not included has to burst out from resistance). If it fails, back down to support. RSI is also shown nice trend upward hopefully bursting into over...

dowdall

$XRP currently liking the climb of $XRP, recently I have been on the button with these calls so I'm excited to see how this next part plays out. We have completed the head and shoulders and on our way up. To get a possible Idea to where we should come to a halt and begin to fall back down, you simply take the length of from neckline/resistance to to tip of head...

dowdall

$ICX looking like it's on the way up to test the resistance of 0.0003720. On the RSI, it has started an upward trend and on the daily RSI it has spiked up out of oversold and tipped over the 40.0 mark. Making it look like it's the start of a new climb up for $ICX. But, I like to have other possible outcomes available to me and if it fails to breach resistance I...

dowdall

The climb up to re test 0.0000830 is possibly in the formation of an ABCDE ascending triangle and on a larger scale the right shoulder of a bottom head and shoulder. Before it can be confirmed it needs to break through a strong Resistance zone of 0.000082547 - 0.000083019 to confirm the neck line.

dowdall

The targets I set in previous charts (CHECK RELATED IDEAS) have hit for $XRP. Onto test another major resistance and then $XRP can break free from being under 0.000100 sats This is not trading advice. I use these charts for education purpose and for fun. Constructive criticism is welcome